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EMCG (Embrace Change Acquisition) Momentum Rank : 0 (As of Dec. 13, 2024)


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What is Embrace Change Acquisition Momentum Rank?

Embrace Change Acquisition has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Embrace Change Acquisition Momentum Rank Related Terms

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Embrace Change Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Embrace Change Acquisition Corp (NAS:EMCG) » Definitions » Momentum Rank
Comparable Companies
GLLI WRAC BITE MOBV BLEU ALTU NRAC AACI ARYD PUCK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
5186 Carroll Canyon Road, San Diego, CA, USA, 92121
Website
https://www.embracechange.top
Embrace Change Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Jingyu Wang director, officer: Chief Executive Officer 5/F, BUILDING A1, JUNHAO CENTRAL PARK PL, CHAOYANG DISTRICT, BEIJING F4 00000
Mo Zhou director SHUNYI DISTRICT, LONG YUAN VILLAS, UNIT 139, BEIJING F4 101319
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Yoann Delwarde director, officer: Chief Executive Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Hang Zhou director 10635 CALLE MAR DE MARIPOSA, APARTMENT 5314, SAN DIEGO CA 92130
Zheng Yuan director, officer: Chief Financial Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Wuren Fubao Inc. 10 percent owner 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Richemont Gregory De director 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000